Four Democratic U.S. senators warn against Uber buying Grubhub

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FILE PHOTO: A banner announcing Uber Technologies Inc. hangs above the floor of the New York Stock Exchange (NYSE) during the company’s IPO in New York, U.S., May 10, 2019. REUTERS/Andrew Kelly

WASHINGTON (Reuters) – Four Democratic lawmakers, led by Senator Amy Klobuchar, wrote to antitrust enforcers on Wednesday to warn that plans by Uber Technologies Inc, owner of Uber Eats, to buy rival online food delivery company Grubhub Inc would “raise serious competition issues” in many cities.

In their letter, the lawmakers said the deal would give Uber and Grubhub 48 percent of the U.S. market, while Doordash would

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Mastercard to allow staff to work from home until COVID-19 vaccine hits market, executive says

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(Reuters) – Mastercard Inc will not ask staff to return to its worldwide corporate offices until a vaccine is available for the sometimes fatal coronavirus that has infected the globe, a senior executive told Reuters on Wednesday.

FILE PHOTO: A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/Illustration/File Photo

The world’s second-largest payment processor is also looking at its real-estate footprint and considering consolidating offices, Chief People Officer Michael Fraccaro said.

“We expect in the coming weeks and months that more employees will continue to work from home than come into

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Mastercard to allow staff to work from home until COVID-19 vaccine hits market: executive

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(Reuters) – Mastercard Inc will not ask staff to return to its worldwide corporate offices until a vaccine is available for the sometimes fatal coronavirus that has infected the globe, a senior executive told Reuters on Wednesday.

FILE PHOTO: A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/Illustration/File Photo

The world’s second-largest payment processor is also looking at its real-estate footprint and considering consolidating offices, Chief People Officer Michael Fraccaro said.

“We expect in the coming weeks and months that more employees will continue to work from home than come into

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Consolidation is a ‘positive’ for Citrix

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Bed, Bath & Beyond: “I think Bed Bath is a stock that I liked and then what happened is the world came to an end, basically, right, for retail. It was deemed nonessential and I think it’s a very tough thing for it to come back, but it does have the capital. It can last — can try to last.”

TE Connectivity: “I’ve always liked TE Connectivity and it’s the right kind of electrical component stock that is working in this environment. I would own this stock.”

Pioneer Natural Resources: “[CEO] Scott Sheffield is probably — along with [Chevron CEO]

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